Conditions Precedent Failure definition

Conditions Precedent Failure means that the conditions precedent set out in Clause 13.3 in relation to Tranche 3 has not been satisfied on or prior to 30 June 2017.
Sample 1Sample 2Sample 3
Conditions Precedent Failure has the meaning set forth in Clause 5.4.
Sample 1

Examples of Conditions Precedent Failure in a sentence

  • Notwithstanding Clauses 3.1 and 3.2, the Net Proceeds deposited in the Escrow Account shall in the case of a Conditions Precedent Failure be applied by the Agent in accordance with Clause 5.4.

  • The thirty (30) calendar days' period may not start earlier than upon the occurrence of the Change of Control Event, the Listing Failure or the Conditions Precedent Failure.

  • FT.CONDITION Satisfactory Remodeling A Remodeling B Remodeling C Demolition Termination Sub-TotalOWNERSHIP Owned Fee Simple Institution Amortizing Holding Company Amortizing Leased or Rented Nominal Rate Not Owned, Shared Non-Postsecondary Not Owned, Shared Other Postsecondary Sub-TotalYEAR OF CONSTRUCTION Pre-1900 1900-1930 1931-1950 1951-1960 1961-1970 1971-1980 1981-Present1990 1991-2000 2000-PRESENT Sub-TotalTOTAL1.

  • A redemption due to a Conditions Precedent Failure shall be made by the Issuer giving notice to the Noteholders and the Agent promptly following the date when the Conditions Precedent Failure occurs.

  • Further, if the Bonds have not been listed on the corporate bond list of Nasdaq Stockholm within sixty (60) calendar days after the Issue Date, each Bondholder has a right of repayment (put option) of its Bonds in accordance with Clause 11.4 (Mandatory repurchase due to a Change of Control Event, Listing Failure or Conditions Precedent Failure (put option)).

  • If the conditions precedent for disbursement set out in Clause4.1(b) have not been fulfilled to the satisfaction of the Agent (acting reasonably) or waived by the Agent within twenty (20) Business Days from the First Issue Date (a " Conditions Precedent Failure"), the Issuer shall immediately repurchase all Notes at a price equal to 100 per cent.

  • Notwithstanding Clauses 3.2 and 3.3, the Net Proceeds deposited in the Escrow Account shall in the case of a Conditions Precedent Failure be applied by the Agent in accordance with Clause 5.3.

  • In case of a Recapitalisation Conditions Precedent Failure, any funds on the Recapitalisation Escrow Account shall be deemed to be paid by the Issuer for the redemption under this Clause 4.2(d)4.1(d).

  • Notwithstanding Clause 3.1 and 3.2, the Net Proceeds deposited in the Escrow Account shall in the case of a Conditions Precedent Failure be applied by the Agent in accordance with Clause 5.4.

  • Any funds distributed by the Agent to the Noteholders (as a result of the Conditions Precedent Failure) in accordance with the Escrow Account Pledge Agreement shall be deemed to be paid by the Issuer for the redemption under this Clause 4.1(e).

Related to Conditions Precedent Failure

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that: